VSEs and SMEs, major beneficiaries of the recovery plan



Traveling this Friday in Ile-et-Vilaine, the Minister for Small and Medium-Sized Enterprises, Alain Griset, is expected to visit two very small businesses who will benefit from funding from the France relaunch plan. First, the La Caprarius cheese dairy – 10 employees -, which received a grant of 70,000 euros to develop a “Cheese Valley” project. Then the Champcors flour mill – 6 employees -, supported up to 135,000 euros in order to modernize and digitize. “The France Relance plan is accelerating the projects of VSEs and SMEs. This allows them to better position themselves and create jobs ”, assures Alain Griset to“ Echos ”.

When the device was launched in September 2020 to boost the French economy after the Covid epidemic, 40 billion euros out of the 100 billion in the plan were directed to these companies.

24 billion in funding

“The recovery plan works for very small businesses and SMEs”, welcomes Alain Griset. As proof of this, he points to the 24 billion euros in funding already committed at the end of August: 11.5 billion in direct aid but also 12.5 billion in indirect aid linked to devices such as MaPrimRénov ‘, a subsidy for renovation work. housing for individuals which is very successful. And, confident, the minister expects 30 billion euros disbursed by the end of 2021.

VSEs and SMEs have taken up the measures proposed in the recovery plan. According to Bercy calculations, they should benefit this year from the reduction in production taxes to the tune of 3.2 billion euros.

At the same time, they were able to access a variety of supports. At the end of August, a thousand small businesses had seen their relocation approved for a total amount of EUR 650 million in aid. More 80 million euros in export subsidies were also paid.

Digital transformation

Another aspect concerns support for employment. The specific aid to develop apprenticeship provided for in the 1 Jeune 1 Solution plan has benefited VSEs and SMEs. The latter have signed three quarters of the contracts concluded for 2 billion euros in aid. In addition, 880 million euros in bonuses for hiring young people.

Finally, the health crisis has accelerated the ecological and digital transformation of small businesses. The France Relance plan has enabled them to receive nearly 300 million euros in subsidies to “green” their activity. The rise of teleworking and e-commerce has also boosted their digital conversion. More than 112,000 VSEs have received a digital check in the amount of 500 euros to go digital.

What will be the medium-term effects of all these measures on the productive fabric? It is difficult to say then that the objectives of the executive – reduction of energy consumption and greenhouse gas emissions, industrial relocation, sustainable integration of young people into employment – have not been quantified, as recalled. at the start of the week, the evaluation committee chaired by Benoît Coeuré.

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